Non-performing loans to total gross loans (%) in India

India: Non-performing loans to total gross loans (%) was 2.5% in 2024. ▲ Rising

Latest (2024)
2.5%
Change on year
down 25.6%
World rank
107th
of 156 countries
All-time high
10.0%
in 2017
All-time low
2.4%
in 2008
Years of data
16
2005–2024

Non-performing loans to total gross loans in India, 2005–2024

2468102005201420242005: 4.4 %2008: 2.4 %2011: 2.7 %2012: 3.4 %2013: 4 %2014: 4.3 %2015: 5.9 %2016: 9.2 %2017: 10 %2018: 9.5 %2019: 9.2 %2020: 7.9 %2021: 6.5 %2022: 4.8 %2023: 3.4 %2024: 2.5 %

Source: United Nations Statistics Division, SDG Global Database. Measured in %.

Analysis

In 2024, non-performing loans to total gross loans in India stood at 2.5%.

The figure is down 25.6% on the previous year and down 42.5% over ten years.

Over the whole period, non-performing loans to total gross loans in India peaked at 10.0% in 2017 and was at its lowest, 2.4%, in 2008.

That places India 107th out of 156 countries with data for 2024, putting it in the middle of the range.

The long-run direction has been consistently rising across the 16 years of available data.

Non-performing loans to total gross loans (%) in India, year by year

Annual values for Non-performing loans to total gross loans (%) in India, 2005 to 2024.
Year % Change
2005 4.4% —
2008 2.4% -44.3%
2011 2.7% +9.0%
2012 3.4% +26.4%
2013 4.0% +19.4%
2014 4.3% +7.9%
2015 5.9% +35.4%
2016 9.2% +56.1%
2017 10.0% +8.6%
2018 9.5% -5.2%
2019 9.2% -2.4%
2020 7.9% -14.0%
2021 6.5% -17.6%
2022 4.8% -26.5%
2023 3.4% -30.2%
2024 2.5% -25.6%

India compared with similar countries

  • India's 2.5% is below the median for lower middle income countries, which is 6.7%, 37% of the median. (29 countries reporting)
  • India's 2.5% is below the median for South Asia, which is 5.3%, 47% of the median. (6 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
2000s 3.4% 2.4% 4.4% 2
2010s 6.5% 2.7% 10.0% 9
2020s 5.0% 2.5% 7.9% 5

Countries ranked near India

  1. 104 Malta 2.6% compare
  2. 105 North Macedonia 2.6% compare
  3. 106 Georgia 2.5% compare
  4. 108 Panama 2.4% compare
  5. 109 Latvia 2.4% compare
  6. 110 Guatemala 2.4% compare

See the full ranking of 159 places →

More development goals data for India

All data for India →

Frequently asked questions

What is non-performing loans to total gross loans in India?
Non-performing loans to total gross loans in India was 2.5% in 2024, according to United Nations Statistics Division, SDG Global Database.
What is the highest non-performing loans to total gross loans recorded in India?
The highest recorded value was 10.0% in 2017.
What is the lowest non-performing loans to total gross loans recorded in India?
The lowest recorded value was 2.4% in 2008.
How does India rank for non-performing loans to total gross loans?
India ranks 107th out of 156 countries with data for 2024.
Is non-performing loans to total gross loans rising or falling in India?
Over the last ten years it is down 42.5%. The long-run trend across the full record is rising.
Where does this India data come from?
The figures come from United Nations Statistics Division, SDG Global Database, published as part of Non-performing loans to total gross loans (%). Statizoid updates them automatically from the source API.

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Non-performing loans to total gross loans in India. Statizoid, drawing on United Nations Statistics Division, SDG Global Database. Retrieved 08 November 2026, from https://development-goals.statizoid.com/stat/non-performing-loans-to-total-gross-loans-percent/india/

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About this data

Indicator
Non-performing loans to total gross loans (%)
Unit
%
Source
United Nations Statistics Division, SDG Global Database
Licence
UN SDG Global Database (open, attribution requested)
Coverage
159 places, 2,405 data points, 2000–2025
Last refreshed